Description
Massive price drop makes this the best investment in Cambridge! Excellent turn-key High cash flow investment with leases in place (#3 renewed to 8/31/23 unit 2 leased through Aug 2023 @ $5,000). Property generates over $15,525/month with room to increase (projected Sep1 income $16k/mo). Expense include W&S, RE taxes and ins. Huge 3-family in quiet neighborhood, highly sought-after N Cambridge location walking to Alewife & Davis T Red Line. Well-kept & managed with 4 bay garages and deep basement for upside expansion potential to duplex to first floor or an aux unit? Elegant condo-quality renovated units with central AC, HW floors, private front & back balconies, updated kitchens and bathrooms, newer stainless appliances, granite countertops, LED lighting throughout. Coin-op washing machine, garages rented. High 89 walk score transit, restaurants, shops, services, parks, basketball/tennis courts bike paths nearby 89 walk score. Could be a great condo conversion! Endless potential!
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12BEDS
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0.14ACRES
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6BATHS
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01/2 BATHS
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4,413SQFT
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$680$/SQFT
School Ratings & Info
Description
Massive price drop makes this the best investment in Cambridge! Excellent turn-key High cash flow investment with leases in place (#3 renewed to 8/31/23 unit 2 leased through Aug 2023 @ $5,000). Property generates over $15,525/month with room to increase (projected Sep1 income $16k/mo). Expense include W&S, RE taxes and ins. Huge 3-family in quiet neighborhood, highly sought-after N Cambridge location walking to Alewife & Davis T Red Line. Well-kept & managed with 4 bay garages and deep basement for upside expansion potential to duplex to first floor or an aux unit? Elegant condo-quality renovated units with central AC, HW floors, private front & back balconies, updated kitchens and bathrooms, newer stainless appliances, granite countertops, LED lighting throughout. Coin-op washing machine, garages rented. High 89 walk score transit, restaurants, shops, services, parks, basketball/tennis courts bike paths nearby 89 walk score. Could be a great condo conversion! Endless potential!
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-27T22:09:06.137.